For SaleExcellent Deal191 days on market
16601 Marquez Ave Unit 202
16601 Marquez Ave Unit 202, Pacific Palisades, CA 90272, Pacific Palisades, CA 90272
$350,000
Estimate®:$328,400
Listing Price
16601 Marquez Ave Unit 202, Pacific Palisades, CA 90272
Loc: Pacific Palisades, CA
Days Listed
191
Tax Assessed
$154k
Estimate®
$328k
Market Rate
Lot Size
0.52 acres
Rent Estimate
$4,175/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Marquez Charter School
K-5
0.3 mi away
9
Paul Revere Middle School
6-8
2.8 mi away
9
Palisades Charter High School
9-12
0.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
moderncontemporarymulti-familycondominiumstucco exteriorbalconiesclean linesminimalistflat roofrecessed balconieslow-riseurban aesthetic
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
10.09%
Total ROI
178.2%
Cash Flow
$1,128/mo
DSCR
1.62
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $1,128/mo net cash flow with a 10.1% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (10.1%)
- • Strong rental demand in Pacific Palisades
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-03-18 | Listed for sale | $350,000 | $298 |
| 2015-05-02 | Listing removed | $3,200 | $3 |
| 2015-04-17 | Listed for rent | $3,200 | $3 |
| 2000-12-20 | Sold | $290,000 | $247 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $153,693 |
| 2025 | $1,772.51 | $150,680 |
| 2024 | $5,211.15 | $428,395 |
| 2023 | $5,112.87 | $419,996 |
| 2022 | $4,876.43 | $411,762 |
| 2021 | $4,808.9 | $403,689 |
| 2020 | $4,856.14 | $399,551 |
| 2019 | $4,856.14 | $391,717 |
| 2018 | $4,643.91 | $384,037 |
| 2017 | $4,643.91 | $376,508 |
| 2016 | $4,542.96 | $369,126 |
| 2015 | $4,432.88 | $363,583 |
| 2014 | $4,386.47 | $356,462 |
| 2012 | $0 | $347,895 |
| 2011 | $0 | $341,075 |
| 2010 | $0 | $338,526 |
| 2009 | $0 | $339,331 |
| 2008 | $0 | $332,679 |
| 2007 | $0 | $366,772 |
| 2006 | $0 | $319,763 |
| 2005 | $0 | $319,763 |
| 2004 | $0 | $307,348 |
| 2003 | $0 | $301,716 |
| 2002 | $0 | $295,800 |
| 2000 | $0 | $76,450 |
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